Chad Parks interviewed by GOBankingRates on the 2016 election as it affects retirement.

Chad Parks, Founder + CEO of Ubiquity Retirement + Savings, gives his insights on how your retirement could be affected in the 2016 election.

If passed, a rule currently proposed by the Department of Labor would hold brokers that work with 401k participants or individual retirement account investors to a fiduciary standard, which means that they would need to put a client’s best interests first rather than simply putting the client in merely suitable investments — ones that could potentially net them commissions.